8/09/2023 11:31:22 AM | Source: Kedia Advisory
Silver trading range for the day is 71095 - 72715 - Kedia Advisory
SILVER
Observations
Silver trading range for the day is 71095-72715.
Silver dropped pressured by strength of dollar and runup in Treasury yields. Strong economic data added leeway for the Federal Reserve to remain hawkish for a prolonged period.
The dollar index rose above the 105 mark, its highest in six months.
The yield on the US 10-year Treasury note approached 4.3% in the first week of September.
BUY SILVER DEC @ 71300 SL 70600 TGT 72200-72800. MCX
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